Bitcoin Rainbow Chart projects BTC bands for June 30, 2026 as price sits at $69,397

Bitcoin fell below $70,000 and was trading at $69,397 as the Bitcoin Rainbow Chart placed it under the model's lowest projected valuation band for late June. The chart's June 30 projection suggests BTC would need to be around $78,900 to enter the "Bitcoin is dead" zone, while higher bands range from about $105,000 to above $1.23 million. The model is presented as a long-term sentiment and valuation gauge rather than a short-term price target.